Mortgage applications rebound in new year after a sluggish December
Consumers reacted in a big way to falling interest rates as mortgage applications increased 23.5% from one week earlier, according to the Mortgage Bankers Association. This week’s results include an adjustment for the New Year’s Day holiday. Interest Rates Drop and Trigger a Surge in Mortgage Applications During December, even as interest rates dropped, mortgage […]
Are baby boomers to blame for the lack of housing inventory?
For once, it’s not the millennials’ fault. Existing-home sales are on pace to fall 2.3% year-over-year in 2018, and the baby boomers generation is a big reason why, according to Fannie Mae Chief Economist Doug Duncan. Housing supply has been an ongoing challenge in the residential real estate market and unfortunately, the industry can’t just […]
When Is a Cash-Out Refinance Loan a Good Idea?
When using a cash-out refinance to pay off debt, make sure you are not at risk of running up that debt again. In a cash-out refinance mortgage, you take a Refinance Loan against your home in excess of what you owe, leaving you with cash available to spend. Adding to the debt against your home […]
Why Should Homeowners Refinance Now?
Refinancing a mortgage makes a lot of sense—if the math is in the borrower’s favor. If they can reset their loan at a lower interest rate than what they’re currently paying, they may be able to: Homeowners Refinance now and save big Take cash out at closing to cover a home improvement project, pay off […]
Online Leads Generation Activity Accounts for Nearly 23% of Total Refinance Originations in the U.S. for Q1 2018
iLeads.com® Analysis Reveals $29 Billion in Loan Originations from Online Leads Generation Newport Beach, CA, August 22, 2018 –(PR.com) — In its latest analysis of over 2 million Internet generated mortgage leads, iLeads.com® concluded that online consumers drove over $29 billion in loan origination dollars and accounted for nearly 23% of total refinance originations in […]
Is Housing Sentiment Still Optimistic?
While Americans still feel it is a good time so sell a home and an okay time to purchase one, in June at least, they were feeling a little edgy about their job security. Fannie Mae says its Home Purchase Sentiment Index, a measure based on results from the National Housing Survey (NHS), declined last […]
5 reasons why homeowners are tapping into their home equity
Why Homeowners Are Turning to Home Equity Products Rising home values and interest rates have more homeowners turning to home equity products to meet their personal funding needs. At the beginning of 2018, most borrowers interest in home equity was dinged by the confusion over whether tax reform would totally or partially remove the interest […]
We’re Heading to LeadsCon! Here’s Why.
LeadsCon Is The World’s Leading Conference and Expo on Acquisition and Conversion Strategies! MARCH 5-7, 2018 THE PARIS, LAS VEGAS LeadsCon is the premier channel for companies providing lead generation products and services to network with key buyers, decision makers and industry professionals all looking for ways to expand their customer acquisition business. By exhibiting […]
iLeads.com Announces Internet Generated Mortgage Leads Funded at 8.1% Rate for Third Quarter
This article originally appeared here. iLeads.com Study: $50 Billion in Residential Loan Originations from Internet Leads In a funding analysis of over 2 million Internet generated mortgage leads generated between June 1st, 2017 through September 30th 2017, iLeads.com® has found that online consumers drove over $50 billion in residential loan origination dollars. Utilizing their nationwide lead collateral analytics solutions, iLeads.com® […]
12 housing markets where it takes the longest to save for a 20% down payment
Rising House Prices and the Challenge of Saving for a Down Payment With rising house prices largely driven by the inventory shortage, the time it takes a potential homebuyer to save for a 20% down payment is only likely to increase going forward. How Long It Takes for Couples and Singles to Save for a Down […]